In a market Q&A story Mobile-home land grab riles new homeowner [MW] a reader submits a question about the rights of park owners to evict their tenants in order to re-develop the land.

Rapidly rising real estate prices over the past 5 years have caused many to pause and reflect about whether the asset, in this case a mobile home park, is being used to its full potential.

Its not so much the details of this situation I find so interesting, but its the whole concept of alternative or highest and best use.

  • Trailer Trash Talk — In the case of the trailer park, many are on leased land and if the landlord chooses to sell the property for development, the landlord simply refuses to renew the leases.

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